The eastern European equity team at Swiss investment house Vontobel Asset Management has quit.
Fund manager David Molnar, trader Beat Weiss, and team assistant Christaine Loberbauer have now left the firm.
It is understood that the three-strong team had some disagreements with Vontobel’s chief executive officer, Beat Naegeli. Naegeli has been with the Zurich-based firm for about one year.
Gunther Faschang will manage the eastern European equities from Bank Vontobel in Austria.
By Madhu Kalia
Here it is... The video of all the highlights from last night's UK Pensions Awards.
Here they are...all the pictures from the UK Pensions Awards 2019.
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
The trustees of the beleaguered industry-wide Plumbing and Mechanical Services (UK) Industry Pension Scheme have confirmed it will close to accrual in June.